NEWS
INSTANDA and Capco announce new partnership to accelerate Digital Transformation in the insurance industry
INSTANDA , a leading customer and policy management platform for the insurance industry , and Capco , a global management and technology consultancy , have announced a new partnership that leverages technology and data to further accelerate ongoing Digital Transformation in insurance .
Increased competition and the impact of COVID-19 have increased demand for technology that enhances customer journeys and mitigates the challenges posed by regulatory change . The success of challenger insurers has demonstrated a significant shift in expectations , specifically around the desire for integrated products and improved customer experiences . Meanwhile , traditional incumbents are also looking to manage the impact of potential regulatory changes on their existing infrastructure and processes .
The abrupt and profound impacts arising from the pandemic , and the pressures it has placed on the insurance industry and on its IT systems , has prompted firms to explore new platform options when reviewing future technology needs . As they look to update existing policies and introduce new products to market more quickly to meet consumer needs , demand for technology solutions , driven by data and collaboration , has risen dramatically .
The new partnership will see Capco using INSTANDA ’ s proprietary cloud-based digital insurance software to support its clients ’ transformation needs .
Thales expands technology partner ecosystem to accelerate enterprises ’ cloud and Digital Transformation initiatives
Enterprises can now reduce cyber-risk and secure their Digital Transformation initiatives in new markets including Blockchain , cloud , DevOps , IoT and Code Signing as Thales unveils an expansion of its data protection ecosystem to more than 300 technology partners . Through these expanded technology integrations , which now include more than 500 IT products and services , Thales is enabling more organisations to integrate its data encryption , hardware security modules , key management and access management technologies with their existing IT infrastructure and cloud services to protect applications , data and identities . This will empower organisations to implement centralised data protection and access management controls for the whole customer journey .
“ The use of the cloud and Digital Transformation is now the cornerstone of any modern company ,” said Sebastien Cano , Senior Vice President for Cloud Protection and Licensing Activities at Thales . “ Vitally though , those that are truly leading the way are doing so by integrating security by design into their processes from the start . By integrating our data protection products and services with hundreds of technology partners , we can ensure customers and their sensitive data are protected throughout their entire transformation journey and remain at the forefront of their industries .” •
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